Member Info for Rocka999

Back in now after a very lengthy absence, there is a glimmer of hope on the horizon.................

If I want a live price I just do a dummy buy, can't get better than that ?

No trading going on here so I doubt there will be an update for the forseeable future ?

I meant to get in Monday but only bought this morning so at least the ship hadn't quite sailed as yet

I use the Halifax, only ever had one issue with them in the last 12 years !

Chrishutch - Most definitely no !

I get a feeling one of the funds wobbled this morning as the ask shot through the roof at around £22.51

I can't tell without a terminal but it will show up on the tracker next week

The disclosed total is currently 1.19% so still some to go after as yet

Just hit £22 like a juggernaut !

In my short spell here I can tell you that I've never been disappointed with the share performance of Ocado over the last 8 years, there will plenty more good news to come yet I'm sure

Its trying to push the Aussies around as well with tarriffs on Barley and threatening iron ore imports

Nothing like an unstable market though for making money if you can spot the opportunities...

Just hit a new high I believe................

Shoppers will be able to buy Marks & Spencer underwear and children's school clothes on Ocado along with their groceries.
The retailer bought half of the online grocer's retail business last year for £750m. It is gearing up to replace Waitrose on the website on August 31.
It will add 1,600 essential clothing lines as well as more than 6,000 M&S food products - 2,000 more than Waitrose offers on Ocado.
M&S chief executive Steve Rowe insisted the shift was on track despite supply chain disruption due to the outbreak.
"It's a really fantastic, quick and easy project," he said about the fashion offering.
Ocado already sells items such as Pretty Polly tights and underwear. Mr Rowe first suggested M&S could add clothing deliveries via Ocado when the deal was struck last February....

Still looks high on the RSI and the shorts haven't moved (whats left)

You can never second guess what happens here !

This was an interesting quote from Kroger :-

Kroger, the nation’s largest operator of traditional supermarkets, had anticipated increased demand for online ordering, but not at this pace.

“Covid has escalated us two years ahead of what we expected,” she said.

Here's something to read whilst we await developments

https://www.wsj.com/articles/coronavirus-upheaval-triggers-corporate-search-for-supply-chain-technology-11588189553

https://www.bizjournals.com/milwaukee/news/2020/05/14/pandemic-proves-need-for-upcoming-fulfillment-ware.html

In answer to your question I still expect the SP to fall gradually, looking very bearish and the RSI is on the drop after quite a sustained period of being white hot, the shorts play a supporting role here and it always pays to see what they're up to

I did notice today that I still can't place an order for delivery as yet so demand is still there for now

It's China that's got us into this s**t at the minute like they have before

Anyways lets not get too political this is the Ocado BB for investors (and shorts if they want some abuse) ?

COVID-19 has definitely been a wake up call for business in general and as most companies have to declare anything that would adversely affect the sustainability of a business in the future you can now add pandemics to that list. Now that's on the list what counter measures can a company take to limit the effect of such a devastating virus apart from nuking China ?

Yes you guessed it, further automation and less reliance on people!

Who are you gonna call ?

I can recall buying M&S shares for well over £6 about 14 years ago, this shows how things can change for the incumbents if you're not prepared to adapt to changes in the market place.

Thankfully they've teamed up with Ocado at last which see will see a change in fortune for them !

I wouldn't pay too much attention to that link for the shorts above as its over two months out of date !

The declared shorts are now only 1.28%

Whale Rock covered again yesterday but no longer have to declare, this leaves two funds in play now